Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mitsubishi Corporation (8058.T)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$3,899.20 - $8,626.34$5,618.33
Multi-Stage$2,921.08 - $3,184.63$3,050.49
Blended Fair Value$4,334.41
Current Price$2,888.00
Upside50.08%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS11.60%10.38%84.6272.5556.5850.3749.4148.8849.0238.0321.5521.81
YoY Growth--16.64%28.23%12.32%1.94%1.09%-0.29%28.91%76.44%-1.19%-30.77%
Dividend Yield--2.93%2.23%2.45%3.74%4.90%6.46%5.05%3.71%2.74%3.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)799,471.00
(-) Cash Dividends Paid (M)397,713.00
(=) Cash Retained (M)401,758.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)159,894.2099,933.8859,960.33
Cash Retained (M)401,758.00401,758.00401,758.00
(-) Cash Required (M)-159,894.20-99,933.88-59,960.33
(=) Excess Retained (M)241,863.80301,824.13341,797.68
(/) Shares Outstanding (M)4,044.634,044.634,044.63
(=) Excess Retained per Share59.8074.6284.51
LTM Dividend per Share98.3398.3398.33
(+) Excess Retained per Share59.8074.6284.51
(=) Adjusted Dividend158.13172.95182.84
WACC / Discount Rate9.78%9.78%9.78%
Growth Rate5.50%6.50%7.50%
Fair Value$3,899.20$5,618.33$8,626.34
Upside / Downside35.01%94.54%198.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)799,471.00851,436.62906,779.99965,720.691,028,492.541,095,344.551,128,204.89
Payout Ratio49.75%57.80%65.85%73.90%81.95%90.00%92.50%
Projected Dividends (M)397,713.00492,110.07597,098.41713,656.08842,843.51985,810.101,043,589.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.78%9.78%9.78%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)444,066.31448,275.47452,484.63
Year 2 PV (M)486,202.38495,463.17504,811.32
Year 3 PV (M)524,379.51539,432.56554,770.97
Year 4 PV (M)558,842.29580,333.79602,439.29
Year 5 PV (M)589,822.27618,310.90647,889.87
PV of Terminal Value (M)9,211,372.609,656,285.3410,118,225.94
Equity Value (M)11,814,685.3612,338,101.2412,880,622.02
Shares Outstanding (M)4,044.634,044.634,044.63
Fair Value$2,921.08$3,050.49$3,184.63
Upside / Downside1.15%5.63%10.27%

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